Mining
Riot Blockchain Yearly Bitcoin Production Increases by 236%, Accumulates $194M in BTC
NASDAQ-listed blockchain mining company Riot Blockchain announced the production capacity of BTC in September has increased by about 346% year-on-year to 406 BTC.
Bitcoin Mining Firm Marathon Digital Posts 91% Growth in Q3, Gets $100M Credit Line from Silvergate Bank
Marathon Digital Holdings Inc announced its financial results for the third quarter, indicating that the crypto mining firm recorded a 91% growth in revenues in Q3 compared to Q2.
Kyrgyzstan Government Increases Electricity Tariff for Crypto Miners
Kyrgyz authorities have hiked the electricity tariff for crypto miners. The increment comes after the cryptocurrency mining sector is seen as one of the major consumers of power in the country.
El Salvador Takes First Steps Towards Bitcoin Mining Using Volcanoes
Nayib Bukele, the president of El Salvador, has announced the first steps that the country has taken to enable volcanoes to mine Bitcoin.
China’s Ethereum Mining Pool Sparkpool To Stop Offering Services Following PBOC’s Clampdown on Crypto
Sparkpool, an Hangzhou-based Ethereum mining pool in China, has suspected of providing its services to its customers in China and further plans to halt the services abroad.
Kyrgyzstan Shuts Down Over 500 Illegal Crypto Miners
Kyrgyzstan has moved to stem the rise of illegal crypto mining activities in the country by disrupting the activities of a network of unauthorized operators.
Crypto Mining Demands Ramps Up in Vietnam Amid Bitcoin’s Price Surge
Surging Bitcoin’s price is currently creating greater demand for cryptocurrency mining in Vietnam. Increased interest in mining activities are also being seen in several regions across the world.
Belarus President Alexandra Lukashenko Urges His Citizens to Embrace Bitcoin Mining
The president of Belarus, Alexandra Lukashenko, is urging his citizens to take advantage of cheap electricity in the country to do crypto mining instead of seeking jobs abroad.
Bitcoin Hashrate Resumes More Than Doubles Amid BTC Being up by More Than 441% since the Halving
Bitcoin’s hashrate has been on the right footing because it has resumed more than doubled after falling by 50% amid intensified crypto mining crackdowns by Chinese authorities.
Bitcoin’s Long-Term Address Activity Rebounding, Signaling a Breakout sign
On-Chain metrics provider Santiment noted that BTC long-term address activity surged to levels witnessed in mid-April, which could signal a breakout.